Maryland Code, STATE GOVERNMENT 3-306
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Terms Used In Maryland Code, STATE GOVERNMENT 3-306
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(a) In this section, “governing board” means a board of directors, managers, trustees, or visitors.
(b) The Governor may appoint 1 or more individuals who are discreet to represent the Governor at a meeting of the governing board of a corporation or institution that receives financial assistance from the State Treasury.
(c) (1) An individual appointed under this section may attend any meeting of the governing board.
(2) At the meeting, the individual may not vote, but may give an opinion on any matter being considered or discussed.